Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit May 9, 2024 A Texas energy company will pay a $265,000 fine to settle charges that it subjected Black and Hispanic field mechanics...
Oklahoma Judge Blocks State’s Anti-ESG Law May 9, 2024 By Clark Mindock and Ross Kerber A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment...
Markets/Coverages: FM Global Names Leadership for New Renewable Energy Unit May 9, 2024 Commercial property insurer FM Global announced the launch of a renewable energy unit to help clients in the transition to...
Reserve Strengthening for Casualty Lines Not Over: Moody’s May 9, 2024 If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of...
US Financial Regulators Restart Work on Long-Delayed Dodd-Frank Compensation Rules May 9, 2024 By Pete Schroeder A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at...
EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows May 9, 2024 By Kate Abnett and Ludwig Burger The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,”...
Jury Awards $9M to Player Who Sued US Tennis Association Over Coach’s Sexual Abuse May 9, 2024 By Associated Press A tennis player was awarded $9 million in damages by a jury in federal court in Florida after accusing the...
Range Rover Buyers Offered Insurance Cash After String of Thefts May 9, 2024 By Jamie Nimmo Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a...
Brazilian Floods Are Inflicting Billions in Economic Devastation May 9, 2024 By Barbara Nascimento The floods and severe rainfall that ravaged Southern Brazil are hurting the nation’s powerhouse agricultural sector, with industries from auto...
The World’s Biggest Carbon Removal Plant Comes Online in Iceland May 9, 2024 By Ragnhildur Sigurdardottir Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon...